The following data is for Ellis's Egg Co.: The note requires interest at 6% be paid each December 31st starting in 20X6. The additional common stock was sold on October 31,20X5 for $1 per share. The company did not sell any equipment during the year. All equipment purchased during the year was purchased for cash. The balance in retained earnings for each year is after all closing entries have been made. The Note Payable requires payments of $30,000 principal plus interest at 10% on June 30th of each year. Prepare Financial Statements for 20X5. Prepare the A/R Turn, Average Collection Period, Inventory Turn and Average Days' Sales in Inventory for 205